Beyond helping companies streamline their logistical processes and distribution networks, IoT technology is also driving their expansion into new untapped markets with the advent of smart vehicles and drones.

Beyond helping companies streamline their logistical processes and distribution networks, IoT technology is also driving their expansion into new untapped markets with the advent of smart vehicles and drones.

“Technology companies have been the dominant deal makers in the AI space. However, with AI making inroads into diverse sectors, the buyer universe in expanding and the space is also attracting investments from non-technology companies."

TQL TO CREATE NEARLY 600 NEW JOBS, MAKE $20 MILLION INVESTMENT IN OHIO

The second-largest freight brokerage company in North America, TQL offers full truckload, less-than-truckload and intermodal logistics services.

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“Logistics is an increasingly tech-driven industry, and we continue to make substantial investments..."

The complex will hold more than 2,000 employees when construction is complete.

Total Quality Logistics (TQL) is constructing a second building at its headquarters to accommodate its continued growth in the third-party logistics industry, according to the Cincinnati, Ohio-based 3PL.

The second-largest freight brokeragecompany in North America, TQL offers full truckload, less-than-truckload and intermodal logistics services. The goal of the expansion is to accommodate nearly 600 new employees that the company anticipates hiring, primarily in sales and information technology roles, over the next five years.

“We continue to grow our market share with new and existing customers, and that’s a direct testament to our incredible team members who are focused on providing premium service to our customers and carriers day in and day out,” says TQL President Kerry Byrne.

“Logistics is an increasingly tech-driven industry, and we continue to make substantial investments in our proprietary technology solutions, such as TQL TRAX, to improve transparency, communication, and drive greater efficiencies in transportation,” Byrne adds. “This headquarters expansion will cater to the needs of technology professionals so we can attract and retain the highest levels of technology talent.”

The expansion of TQL’s headquarters campus on Ivy Pointe Boulevard in Union Township includes the construction of a second building ranging in size from 120,000 to 130,000 square feet next door to the company’s existing 100,000 square foot building. The company anticipates construction costs of the new building at $20 million, plus an additional investment to renovate its current site.

The complex will hold more than 2,000 employees when construction is complete.